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PROBLEM 2.6 PREPARATION OF ECTERNAL FINANCIAL STATEMENTS Information for the Satellite Corporation as of June 30,192, the clone of its fiscal year, is as follows:

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PROBLEM 2.6 PREPARATION OF ECTERNAL FINANCIAL STATEMENTS Information for the Satellite Corporation as of June 30,192, the clone of its fiscal year, is as follows: Satellite Corporation: June 30,192 Inventories at June 30,192, are as follow: All raw materials are considered direct materials. Requirnd: Prepure the following external satements foe the period ended Juine 30 , 19X2 a Cost of poods manufactured b Income statement c Retained earnings statement d Balance sheet

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